Beijing says new HK laws won't harm investors

The move by the National People's Congress would ban the kind of protests that rocked Hong Kong in 2019.- Reuters

HONG KONG/BEIJING: China's foreign ministry branch in Hong Kong dismissed concerns that its proposed national security laws for the city would harm foreign investors, hitting back at "meddling" countries as Beijing's ties with Washington soured further.

The security legislation, which could see Chinese intelligence agencies set up bases in Hong Kong, has sent chills through the business and diplomatic communities, spooked financial markets and escalated geopolitical tensions.